Korea Aerospace Industries, Ltd. (KRX:047810)

KRX:047810 Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,590,855	3,631,533	3,819,296	2,788,188	2,561,576	2,822,423
Other Revenue	2,222	2,209	48.36	-1,300	707.72	2,713
Revenue	3,593,076	3,633,742	3,819,344	2,786,888	2,562,284	2,825,136
Revenue Growth (YoY)	-9.96%	-4.86%	37.05%	8.77%	-9.30%	-9.16%
Cost of Revenue	3,109,984	3,167,779	3,353,100	2,436,400	2,299,022	2,511,908
Gross Profit	483,092	465,964	466,244	350,488	263,261	313,228
Selling, General & Admin	145,597	148,008	147,148	142,686	137,256	104,900
Research & Development	81,723	60,968	70,082	88,856	48,391	43,286
Other Operating Expenses	10,365	9,647	2,090	1,888	2,261	2,345
Operating Expenses	243,573	225,245	218,733	208,871	205,002	173,704
Operating Income	239,519	240,718	247,510	141,618	58,259	139,524
Interest Expense	-41,475	-33,405	-29,088	-21,701	-23,353	-21,604
Interest & Investment Income	8,706	10,741	45,222	18,365	3,317	4,288
Earnings From Equity Investments	-924.37	-894.72	-1,674	-679.08	431.02	18.81
Currency Exchange Gain (Loss)	-1,305	-4,117	7,940	-22,247	27,854	-21,413
Other Non Operating Income (Expenses)	2,182	2,082	11,457	3,311	1,021	22,418
EBT Excluding Unusual Items	206,702	215,124	281,368	118,667	67,530	123,232
Gain (Loss) on Sale of Investments	2,734	3,982	731.25	2,963	886.54	4,809
Gain (Loss) on Sale of Assets	105.73	156.37	183.22	845.11	12.81	201.1
Asset Writedown	-22,156	-22,156	-13,567	-353.55	-14,023	-45,753
Pretax Income	187,386	197,106	268,716	122,122	54,406	82,489
Income Tax Expense	22,553	26,211	47,315	6,203	1,133	10,175
Earnings From Continuing Operations	164,833	170,895	221,401	115,919	53,273	72,314
Minority Interest in Earnings	681.67	1,181	2,621	2,543	10,628	2,305
Net Income	165,515	172,076	224,022	118,463	63,900	74,619
Net Income to Common	165,515	172,076	224,022	118,463	63,900	74,619
Net Income Growth	-28.04%	-23.19%	89.11%	85.39%	-14.37%	-56.21%
Shares Outstanding (Basic)	97	97	97	97	97	97
Shares Outstanding (Diluted)	97	97	97	97	97	97
EPS (Basic)	1698.02	1765.33	2298.25	1215.31	655.56	765.52
EPS (Diluted)	1697.33	1765.33	2298.25	1215.31	655.56	765.52
EPS Growth	-28.06%	-23.19%	89.11%	85.39%	-14.37%	-56.21%
Free Cash Flow	-530,263	-889,463	-778,283	1,423,644	356,037	479,454
Free Cash Flow Per Share	-5439.98	-9125.03	-7984.42	14605.21	3652.60	4918.73
Dividend Per Share	500.000	500.000	500.000	250.000	200.000	200.000
Dividend Growth	-	-	100.00%	25.00%	-	-50.00%
Gross Margin	13.44%	12.82%	12.21%	12.58%	10.27%	11.09%
Operating Margin	6.67%	6.63%	6.48%	5.08%	2.27%	4.94%
Profit Margin	4.61%	4.74%	5.87%	4.25%	2.49%	2.64%
Free Cash Flow Margin	-14.76%	-24.48%	-20.38%	51.08%	13.89%	16.97%
EBITDA	340,645	344,597	368,521	276,796	207,037	273,869
EBITDA Margin	9.48%	9.48%	9.65%	9.93%	8.08%	9.69%
D&A For EBITDA	101,126	103,878	121,011	135,178	148,777	134,344
EBIT	239,519	240,718	247,510	141,618	58,259	139,524
EBIT Margin	6.67%	6.63%	6.48%	5.08%	2.27%	4.94%
Effective Tax Rate	12.04%	13.30%	17.61%	5.08%	2.08%	12.34%
Advertising Expenses	-	7,904	13,770	7,672	6,240	1,751

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.